W8320 State Road 16 & 60WatertownWI53098
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Watertown at W8320 State Road 16 & 60, Watertown, WI, 53098 earns from $1,583/mo rent with a $2,065/mo payment. Total monthly income totals $1,583/mo. ROI tracks 9.2% on current figures, and rental yield reads 4.5% at a $422,000 purchase. Equity gained on principal adds $2,723/yr, and 5% annual appreciation supports $116,591 over five years. Five-year ROI reaches 46.11% and total cumulative return in cash sums $64,499. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,583/mo property income instead of your personal income.
Manufactured
Built in 2003
2.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53098, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,170 (100%) |
| Owner Occupied HU | 3,475 (67.2%) |
| Renter Occupied HU | 1,486 (28.7%) |
| Vacant Housing Units | 209 ( 4.0%) |
| Median Home Value | $281,300 |
| Average Home Value | $334,335 |
Housing Distribution
Address Breakdown
Residential
4,969
Single Family
4,550
Multi-Family
419
Businesses
119
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Listed by: Michael Martin • Martin Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1912636
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.